Flash Finance

Den Networks LimitedDENCorporate

Entertainment / Electronic Media Software Latest results: Sep 2026 15 quarters of data
Consolidated Standalone
₹26.15
MCap ₹1,247 Cr · P/E 11.3
Den Networks Limited — Stock analysis & AI research Den Networks Limited — Seasonality — best & worst months Den Networks Limited — Technical setup — score, trend, support & resistance Den Networks Limited — Live exchange announcements
📋 Low P/E Stocks📋 Stocks Below Book Value📋 High Promoter Holding Stocks 🏭 Media sector
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹237 Cr
Sales · Sep 2026
-4.5% YoY
₹-9 Cr
Operating Profit · Sep 2026
-594.1% YoY
-3.7%
OPM % · Sep 2026
-640.0% YoY
₹28 Cr
Net Profit · Sep 2026
+22.8% YoY
₹0.60
EPS · Sep 2026
+22.4% YoY

📝 Den Networks Limited — results explained

Quarter ended September 2026 (Q2 FY27)

Den Networks Limited reported revenue of ₹237 crore for the quarter ended September 2026 (Q2 FY27), down 4.5% from ₹248 crore in the same quarter last year, and down 7.8% sequentially over the June 2026 quarter.

Net profit rose 22.8% year-on-year to ₹28 crore, from ₹23 crore. Earnings per share (EPS) came in at ₹0.60.

Operating profit stood at ₹-9 crore — an operating margin (OPM) of -3.7%, compared with -0.5% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Den Networks Limited posted revenue of ₹1,001 crore, a growth of 1.2% over FY25, with a net profit of ₹123 crore (up 4.6% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,001 crore with a net profit of ₹110 crore.

Valuation snapshot

At the current price of ₹26.15, DEN has a market capitalisation of ₹1,247 crore and a trailing P/E of about 11.3.

Within the Entertainment / Electronic Media Software industry, it is the 9th-largest of the 52 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.90%, foreign institutional investors (FIIs) 0.33%, public shareholders 24.67% of Den Networks Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,247 Cr
Current Price ?
₹26.1
P/E ?
11.32below ind
Industry P/E ?
13.50
P/B ?
0.32
P/S ?
1.25
P/FCF ?
-13.70
Enterprise Value ?
₹1,258 Cr
EV/EBITDA ?
-253.59
PEG ?
N/A
Earnings Yield ?
-5.2%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹1,001 Cr
OPM ?
-0.5%
Profit after tax (TTM) ?
₹110 Cr
EPS (TTM) ?
₹2.31
ROCE ?
4.0%
ROE ?
2.8%
ROA ?
2.4%
Growth
Sales — latest qtr ?
₹237 Cr
PAT — latest qtr ?
₹28 Cr
YoY qtr sales growth ?
-4.5%
YoY qtr profit growth ?
22.8%
Sales growth (3y) ?
-3%
Sales growth (5y) ?
-4%
Profit growth (3y) ?
-16%
Profit growth (5y) ?
-11%
Financial Health
Debt ?
₹12 Cr
Debt to Equity ?
0.00
Interest Coverage ?
-33.0
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.90%
Change in promoter holding ?
-0.01%
Pledged percentage ?
N/A
Market
Return 3 months ?
-4.3%
Return 6 months ?
-10.6%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 285271273267224243245258244246248258250257237 -4.5% -7.8%
Operating Profit 35253224-413-11-187-1-1086-9 -594.1% -245.5%
Other Income 275050495553675365695156525462 +21.9% +14.6%
Interest 111111110100000 -35.2% -27.7%
Depreciation 191918181717181819171716151514 -14.4% -4.9%
Profit Before Tax 425563543448483528583229444438 +19.1% -13.8%
Net Profit 1544845414236342324512320293328 +22.8% -13.7%
EPS 3.221.000.950.860.870.750.720.480.501.070.490.420.610.690.60 +22.4% -13.0%
OPM % 12.1% 9.3% 11.8% 8.8% -1.6% 5.2% -0.3% 0.3% -7.5% 2.7% -0.5% -3.9% 3.2% 2.3% -3.7% -640.0% -260.9%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹989 Cr ₹1,001 Cr ₹1,001 Cr +1.2%
Operating Profit ₹-6 Cr ₹3 Cr ₹-5 Cr +156.5%
OPM % -0.57% 0.32% -0.50% +156.1%
NPM % 11.87% 12.26% 11.00% +3.3%
Other Income ₹239 Cr ₹227 Cr ₹223 Cr -4.8%
Depreciation ₹72 Cr ₹65 Cr ₹61 Cr -9.8%
Interest ₹2 Cr ₹2 Cr ₹2 Cr -9.2%
EBIT ₹-78 Cr ₹-62 Cr ₹-66 Cr +20.4%
PBT ₹159 Cr ₹163 Cr ₹155 Cr +2.9%
Tax ₹41 Cr ₹41 Cr ₹45 Cr -2.0%
Net Profit ₹117 Cr ₹123 Cr ₹110 Cr +4.6%
EPS ₹2.45 ₹2.59 ₹2.32 +5.7%
Material Cost ₹549 Cr ₹167 Cr ₹166 Cr -69.6%
Employee Cost ₹65 Cr ₹55 Cr ₹47 Cr -15.8%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 5 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026 % Chg
Reserves 2,9603,1363,2543,3773,438 +1.8%
Equity Capital 477477477477477 -0.0%
Borrowings 2826232012 -42.0%
Other Liabilities 481461496468586 +25.3%
Total Liabilities 3,9464,0994,2504,3424,512 +3.9%
Fixed Assets 275252224187160 -14.2%
CWIP 25161276 -8.4%
Investments 1,9462,2411,941611804 +31.6%
Other Assets 1,6991,5912,0733,5363,542 +0.2%
Total Assets 3,9464,0994,2504,3424,512 +3.9%

📦 Working Capital (latest 1 periods)

Metric Sep 2026 % Chg
Trade Receivables 228 —
Trade Payables 492 —

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 12171-67-55 +17.9%
Cash from Investing Activity -27-526763 -6.0%
Cash from Financing Activity -113-4-6-3 +50.0%
Net Cash Flow -1915-75 +171.4%
Free Cash Flow 4340-97-91 +6.2%
CFO/OP 74%103%960%-1,746% -281.9%

💧 Half-year Cash Flow (latest 1 periods)

Metric Sep 2026 % Chg
Cash from Operating Activity -16 —
Cash from Investing Activity 11 —
Cash from Financing Activity -2 —
Net Cash Flow -7 —

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 61557754 -29.9%
Cash Conversion Cycle 61557754 -29.9%
Working Capital Days -64-75-71-31 +56.3%
ROCE % 3%1%3%4% +33.3%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 % Chg
Promoters 74.91%74.90%74.90%74.90%74.90%74.90% +0.0%
FIIs 0.63%0.49%0.51%0.46%0.35%0.33% -5.7%
DIIs 0.14%0.14%0.14%0.14%0.05%— —
Public 24.23%24.40%24.36%24.42%24.61%24.67% +0.2%
Others 0.10%0.10%0.10%0.10%—— —
No. of Shareholders 1,63,3481,58,3771,53,5811,48,6751,47,4801,44,112 -2.3%

⚖️ Peer comparison

Industry: Entertainment / Electronic Media Software · top 25 of 52 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 PVRINOX PVR INOX ₹1,226.00 11,532 27.1 6,872 444 32.2% 6.5% 16.3% 218.9% 10.4% 204.6%
2 SAREGAMA Saregama India ₹497.60 9,552 43.3 1,041 221 36.0% 21.2% -15.9% 0.8% 27.5% 42.1%
3 TIPSMUSIC Tips Music ₹666.25 8,512 39.3 375 217 73.9% 57.9% 20.6% 29.9% 33.3% 90.3%
4 ZEEL Zee Entertainment ₹77.76 7,469 27.4 8,099 271 4.9% 3.3% -2.4% -60.1% -7.3% -155.3%
5 NETWORK18 Network18 Media ₹26.34 4,068 — 2,169 -32 2.2% -1.5% -69.2% 108.7% 10.3% -125.8%
6 DBCORP D.B.Corp ₹186.49 3,324 10.2 2,366 328 19.7% 13.9% 0.7% -10.3% -5.4% -26.4%
7 BASILIC Basilic Fly ₹567.60 1,434 30.3 351 47 22.3% 13.5% 21.0% 38.4% 8.9% -44.2%
8 JAGRAN Jagran Prakashan ₹62.09 1,351 7.6 1,916 179 13.3% 9.4% -0.6% 96.9% 8.5% -8.3%
9 DEN Den Networks ₹26.42 1,260 8.4 967 148 5.3% 15.3% -3.1% -15.9% -3.5% 5.1%
10 BALAJITELE Balaji Telefilms ₹92.46 1,127 — 379 -21 -7.9% -5.6% -53.3% -158.6% 229.2% 473.2%
11 NDTV New Delhi ₹70.00 790 — 537 -335 -50.4% -62.3% 13.5% -48.8% 8.5% -17.0%
12 SANDESH Sandesh ₹990.00 749 6.9 824 108 5.9% 13.1% 49.0% -13.0% 528.5% 70.5%
13 GTPL GTPL Hathway ₹56.46 635 — 4,015 -4 10.1% -0.1% 7.0% -75.9% 19.2% -150.7%
14 DIGIKORE Digikore Studios ₹499.35 632 25.3 66 13 33.4% 19.1% — — 142.7% 165.3%
15 TVTODAY TV Today ₹102.05 609 35.5 820 17 4.5% 2.1% -19.3% -80.9% 4.6% 39.6%
16 HMVL Hindustan Media ₹78.50 578 6.1 822 96 12.6% 11.6% 10.3% -34.5% 7.8% 451.6%
17 HTMEDIA HT Media ₹24.10 557 — 1,652 -50 3.6% -3.0% 2.6% -8584.5% -0.5% -123.5%
18 PHANTOMFX Phantom Digital ₹410.25 557 30.6 118 19 28.8% 16.1% — — 54.3% -12.5%
19 DISHTV Dish TV ₹2.62 482 — 1,099 -999 -17.2% -90.9% -25.9% -65.7% -19.2% -202.5%
20 ZEEMEDIA Zee Media ₹7.35 482 330.4 759 1 14.0% 0.2% 22.1% 101.2% 1.4% 26.6%
21 ENIL Entertainment Network ₹100.34 478 — 562 -8 8.3% -1.4% 3.9% -161.8% -2.8% -14.2%
22 NDLVENTURE NDL Ventures ₹121.12 408 — 1,045 -28 14.3% -2.7% 11.0% 107.1% -9.6% -70.4%
23 SABEVENTS Sab Events ₹132.60 398 — 2 -0 2.5% -14.9% 39.7% 43.2% 10.7% 21.5%
24 CINELINE Cineline India ₹89.96 343 24.9 251 12 22.1% 4.9% 9.9% 132.4% 47.9% -120.0%
25 SHEMAROO Shemaroo Entertainment ₹102.10 293 — 576 -181 -36.6% -31.4% -14.8% -158.3% -5.6% 82.4%
❓ Frequently asked questions
What was Den Networks Limited's revenue in Q2 FY27?
Den Networks Limited reported revenue of ₹237 crore for the quarter ended September 2026 (Q2 FY27), down 4.5% from ₹248 crore in the same quarter last year, and down 7.8% sequentially over the June 2026 quarter.
What was Den Networks Limited's net profit in Q2 FY27?
Net profit rose 22.8% year-on-year to ₹28 crore, from ₹23 crore. Earnings per share (EPS) came in at ₹0.60.
What is DEN's market capitalisation and P/E ratio?
At the current price of ₹26.15, DEN has a market capitalisation of ₹1,247 crore and a trailing P/E of about 11.3.
Who owns Den Networks Limited? (shareholding pattern)
As of Sep 2026, promoters held 74.90%, foreign institutional investors (FIIs) 0.33%, public shareholders 24.67% of Den Networks Limited.
TTM ends 2026-09-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI